EddieJayonCrypto
10 Apr 24
The United States Securities and Exchange Commission (SEC) has issued a Wells notice to Uniswap Labs, signaling a potential lawsuit over securities charges. Uniswap founder Hayden Adams expressed confidence in the legality of the company's products but criticized the SEC's focus on attacking long-ti...
The United States Securities and Exchange Commission (SEC) has issued a Wells notice to Uniswap Labs, signaling a potential lawsuit over securities charges. Uniswap founder Hayden Adams expressed confidence in the legality of the company's products but criticized the SEC's focus on attacking long-time good actors while letting bad actors slip by. The SEC's investigation into Uniswap Labs, a leading Ethereum DEX, has been ongoing for years, and the impending enforcement action aligns with a broader crypto crackdown by the SEC, which has targeted industry giants. Marvin Ammori, Uniswap Labs' Chief Legal Officer, criticized the SEC's warning of enforcement action as "another abuse of power" and emphasized the company's readiness to fight against it.
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